Canola Commodity Update for the Week Ending Dec 06, 2024

Canola closed the week of Dec 02, 2024 at 609. When compared with last week’s price of 574.1, canola’s value jumped by 6.1% in one week.

Canola’s high of the week came on Dec 06, 2024, when the price held at 609.

In just a month, canola’s prices dropped by 6%. At this time last month, they were at 647.6 and have since dropped to 609.

Canola has also seen price drops since last year. Around this time in 2023, the prices were at 675.3. The change in prices from last year equal a decrease of 9.8%.

2023's high for canola occurred on Jan 06, 2023, when the price reached 799.1.

The total volume for canola this week was 145781. The commodity’s best performing day of the week was Dec 06, 2024, when the price reached 37827.

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